Economics of Property Law

Edited by Richard A. Epstein, James Parker Hall Distinguished Service Professor of Law, University of Chicago, the Peter and Kirsten Bedford Senior Fellow, The Hoover Institution and Visiting Professor of Law, New York University Law School, US

'. . . an important anthology that will interest and stimulate academics and students to think more theoretically and broadly about the resources that surround us.'

• Contents:AcknowledgementsIntroductionRichard A. EpsteinPART IPHILOSOPHICAL PRELIMINARIES 1. Harold Demsetz (1967), ‘Toward a Theory of Property Rights’2. Frank I. Michelman (1982), ‘Ethics, Economics, and the Law of Property’3. J.W. Harris (1996), ‘Who Owns My Body’PART II THE COMMONS4. Peder Andersen (1983), ‘“On Rent of Fishing Grounds”: A Translation of Jens Warming’s 1911 Article, with an Introduction’5. Barry C. Field (1989), ‘The Evolution of Property Rights’ 6. Clifford G. Holderness (1989), ‘The Assignment of Rights, Entry Effects, and the Allocation of Resources’7. Robert C. Ellickson (1989), ‘A Hypothesis of Wealth-Maximizing Norms: Evidence from the Whaling Industry’8. Thráinn Eggertsson (1992), ‘Analyzing Institutional Successes and Failures: A Millennium of Common Mountain Pastures in Iceland’9. Henry E. Smith (2000), ‘Semicommon Property Rights and Scattering in the Open Fields’10. James M. Buchanan and Yong J. Yoon (2000), ‘Symmetric Tragedies: Commons and Anticommons’11. Gary D. Libecap and James L. Smith (2002), ‘The Economic Evolution of Petroleum Property Rights in the United States’12. Richard A. Epstein (2002), ‘The Allocation of the Commons: Parking on Public Roads’PART III PRIVATE PROPERTY: ACQUISITION 13. Carol M. Rose (1985), ‘Possession as the Origin of Property’14. John Umbeck (1977), ‘The California Gold Rush: A Study of Emerging Property Rights’15. Robert C. Ellickson (1986), ‘Adverse Possession and Perpetuities Law: Two Dents in the Libertarian Model of Property Rights’PART IVPRIVATE PROPERTY: PROTECTION 16. Thomas W. Merrill (1985), ‘Trespass, Nuisance, and the Costs of Determining Property Rights’17. Richard A. Epstein (1997), ‘A Clear View of The Cathedral: The Dominance of Property Rules’18. Elizabeth Brubaker (1998), ‘The Common Law and the Environment: The Canadian Experience’PART VPRIVATE PROPERTY: DISPOSITION 19. Susan Rose-Ackerman (1985), ‘Inalienability and the Theory of Property Rights’20. Clifford G. Holderness (1985), ‘A Legal Foundation for Exchange’21. Bernard Rudden (1987), ‘Economic Theory v. Property Law: The Numerus Clausus Problem’22. Richard A. Epstein (1988), ‘Covenants and Constitutions’Name Index